Newsmakers
President Trump Signs Tax, Policy Bill
The massive measure raises taxes on certain endowments, extends the federal debt limit, makes cuts to federal benefits and much more.
Tag: Endowment Tax
Regulation
GOP Senators Scale Back Endowment Tax Further
Recent amendments sheltered colleges with fewer than 3,000 tuition-paying students from facing a levy and removed the exclusion of international students from the calculation.
Regulation
The Private Universities Affected by Proposed Tiered Endowment Tax
At least 41 colleges and universities would be subject to an expanded federal endowment tax, with several subjected to new, higher rates.
Regulation
House GOP Tax Plan Targets Private University Endowments, Private Foundations
The bill proposes increasing tax rates for private institutions with large endowments and private foundations with substantial assets.
Regulation
Connecticut Democrats Try Private Endowment Tax Again
This time around, they may have help from congressional Republicans.
Regulation
Proposed Massachusetts Endowment Tax to Hit Harvard, MIT, 11 Other Schools
The 2.5% excise tax would target private institutions in the state with endowments of at least $1 billion.
Regulation
IRS, Treasury Soften Blow of Endowment Tax
NACUBO welcomes rule changes but still opposes tax, which it says diminishes resources for students.
Regulation
White House Regulatory Office Reviews Endowment Tax
Universities have called for the removal of the 1.4% excise tax, which they say hurts financial aid.
Regulation
Stanford University Owes $43 Million Endowment Tax Bill
The university said it is actively working to repeal or limit the 1.4% tax on returns.
Regulation
MIT Endowment Returns 8.8% in 2019, Grows to $17.4 Billion
University addresses Epstein protests, launches internal review of donor relationships.
IRS Issues Endowment Tax Regulations
Higher education foundations finally get guidance on 2017 excise tax.
IRS Proposes Regulations to Soften Endowment Tax Hit
Clarification of 1.4% excise tax could reduce amount paid by universities.
Regulation
Endowment Tax Hits Harvard’s Investment Strategy
Dean says university will refrain from making long-term commitments due to 1.4% excise tax.